Tar sands projects 'frozen' after oil price drops

Will Nichols
clock

Analysis from Oil Change International says 30 projects that would have produced 1.6 million barrels of oil a day are on hold

Almost 40 oil sands projects in Canada have been delayed or put on hold, as falling oil prices and protests against one of the world's dirtiest fossil fuels take their toll. A new report from Oil Change...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Energy

The UK cannot achieve clean power by 2030 without long duration energy storage

The UK cannot achieve clean power by 2030 without long duration energy storage

Timing and deliverability of large capacity long duration energy storage is crucial to ensure the UK power system is efficient and resilient, writes Laura Sandys

Laura Sandys
clock 29 January 2025 • 3 min read
'A rigged system': Capacity Market provides £12.5bn in fossil fuel subsidies since 2015

'A rigged system': Capacity Market provides £12.5bn in fossil fuel subsidies since 2015

Aurora Energy Research highlights how Capacity Market continues to be dominated by gas power plants

James Murray
clock 28 January 2025 • 5 min read
What digital tools are needed to harness energy efficiency?

What digital tools are needed to harness energy efficiency?

Partner Insight: From smart meters to SaaS solutions, discover how new technologies are revolutionising energy management for businesses

SSE Energy Solutions
clock 28 January 2025 • 2 min read